$QQQ Setup: Break & Retest for Potential Put Trade
Not a +100%er so technically just another “failed” trade here, but I love this setup so let’s take a look ⬇️
Break & retest of a pivot low, pre market low, & 13ema all at once on $Invesco QQQ(QQQ)$ this morning ✅
Just a good area to try some puts with a tight stop loss. Put contracts really fly when price makes new lows 📉
Okay took that profit from QQQ this morning and rolled into $iShares Russell 2000 ETF(IWM)$ puts after the 200ema rejection!
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https://x.com/cs_tradess/status/1823741232398602514
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